Investment Q&A

Q: I am overweight in BMO shares.
I need a dividend replacement but not in financials, utilities or energy.
Your top picks would be appreciated.

Thanks

Q: All the big banks have had very encouraging financial results. Is now a good time to add in preparation for big dividend increases once the regulatory hold comes off.

Thanks.

Q: I'm looking to reduce my portfolio weighting in Financials and Telecommunications.

The question for both adjustments is the same: for these stocks would you recommend eliminating one entirely or just reducing my holdings in both? I will be adding more exposure in the US industrial and defensive consumer sectors with the freed up cash. I should add that for all of these stocks I'm probably pushing my weighting a bit high, at 5-7%.

For financials: BMO and RY (assuming I would sell BMO over RY)
For telecom: T and BCE (assume I would sell BCE over T)

All of these are held in registered accounts, and I'm still 10+ years out from retirement. I currently hold 24 stocks across my registered accounts.

Q: Hi there, the portfolio analytics says I should lighten up on financials. Which of these 3 would you sell. I also hold XTR which is also high in financials.
Thx

Q: I am looking to rebalance my non-registered portfolio, which will mean taking capital gains and transfer to my TFSA. Today, my position is about equal in RY, BMO and CNR.
I would like to reinvest the cash from these capital gains in Tech and Health sectors from 5i's balanced portfolio. I do not have either sector in my TFSA today.
Which of the 3 non-registered stocks would you suggest selling?
What would you recommend buying for TFSA?

Q: Would you please advise the approximate amount of excess capital (or equivalent) each of these five Banks are holding based on their year end results.

Thanks

Q: First of all, thank you for your amazing work. Cannot express how helpful my 5i subscription has been. Life-changing in all honesty.

My positions in LSPD (17.3%) and GSY (12.7%) have gotten a little out of hand. I was fortunate to pick them up near their lows in April. I've already trimmed both a couple of times, but I am really struggling to sell more given the positive outlook 5i has of both for the future. I've seen similar questions asked about trimming and selling positions with phenomenal growth and seen your responses suggesting to trim positions to reasonable weightings. I thought I might have an easier time doing so if you suggested some positions to add to or some new ones viewed as favourably as LSPD and GSY.

I have the following companies in a TFSA and have included the weightings only of positions I think might warrant a second look. While I anticipate a comment about weightings needing to be personal what would YOU suggest as the highest weighting for LSPD and GSY? And, again, please suggest some positions to add to or new ones.

Feel free to take question credits as you see fit.

DOO (2.1%), ATZ (2%), AW.UN, BYD
ATD.B
BMO, BRK-B:US, GSY (12.7%)
WELL (4%), VEEV:US (1.3%)
CAE, DAL:US, AC (1%), XBC (3%)
LSPD (17.3%), KXS (7.6%), DSG (3%), CSU, PHO (1.1%), AMD:US, CRWD:US (2.4%), U:US (2.1%), NVDA:US (0.83%), TTD:US(1.2%)
ROKU:US (1.9%), TTWO:US (1.2%), PINS:US (1.5%)
AQN, BEP.UN
REAL

Thank you again

Q: I am looking to "trim the fat" from my TFSA, which currently holds 20 stocks: ATD, BCE, BMO, BNS, CCO, CM, ENB, FFH, PDYPF, INO.UN, LAS, NXE, NWC, NA, NTR, PEY, PZA, MJJ, TRP, WELL. Are there any positions that raise red flags with you? In addition, could you suggest 3 or 4 value picks suitable for a long-term hold (20 years plus)?
Thank you!

Q: Hi Everyone at 5i! I am looking to invest in a bank. Could you please rank our five as well as National bank, for future growth and prospects. Cheers, Tamara

Q: For my financial sector I currently hold ZEB and while the monthly dividends are nice on a timely basis, the MER is relatively high. So I am looking at breaking in down into 3 or 4 individual stocks. Would please rank the financial companies listed above for performance. Please include others I may have missed.


Thank you


Steve

Q: I do not have any of the Canadian Banks but would like to add one. Kindly advise which you would choose.
Thank You!
Bryan

Q: good morning. with most of the banks reporting now for year end and most of the majors making a ton of money again this year can you see that dividends will be allowed to be raised again starting next year or do you see problems in the future.
i noticed bank of nova scotia did not raise at all this year and hoping that they can restart again next year.

Q: Purely in terms of dividend sustainability could you please rank TD, RY, BNS, NA, CM and BMO and briefly why? Thanks.

Q: Dear 5i team,
NA, CM and RY have seen recovery to an encouraging extent.
BNS, TD and BMO much less so.

I do bear in mind that not all banks were/are uniformly exposed to risks precipitated by the virus; those that needed to increase reserves against losses have done so I believe. I’ve not sourced reports indicating any bank is not prudently shored up with loss provisions.

Would it be too soon to start a monthly purchase of BNS, TD, and/or BMO - small amounts, say $1k?
If it is too soon, what are you looking to hear, read about, or see happen that would tell you buying can begin?

Thank you so much!

Q: The 12 month low for bmo was $55.76 and for bns was $46.38 a difference of $9.38.
On aug 14 bmo closed at $78.03 and bns closed at $57.68 a difference of 20.35 in favour of bmo.
Do you think that a major reason for the weakness in bns is due to the coronaravirus in latin and South America and as it continues it to spread should I switch from bns into bmo or is it too late?

Q: I have these shares in a tfsa. Do you see any sells in this list and can you please suggest a couple of additions? Thank you.

Q: In looking at the banks and understanding 5i has a positive outlook on BNS, what would the the opinion of the experts on adding BMO, another financial that has been depressed over other financial investment opportunities ?
Thank you in advance

Q: In a straight-up comparison of BMO (Bank of Montreal) versus RY (Royal Bank), for a long-term position (non-registered account), which one would you buy, and why? (I've owned BMO for >25 years, never owned Royal, but because of ongoing portfolio adjustments, I'm in a position where I want to own one of these two banks, for the long-term. Note: I already have long-standing positions in TD Bank and National Bank, in my Canadian portfolio, so another aspect to my question is which one better complements my existing Canadian bank holdings. In my situation, there are no particular tax implications for buying BMO vs RY.)

Q: Firstly, thank you for your outstanding guidance.
The first 3 stocks haven’t bounced back yet and are still quite a bit down. My question is -would it be better to try and recover $ in the Growth stocks listed below the 3 or reinvest with A&W, BMO, PRU and wait it out for another year.
I have positions in the growth stocks that could be deeper in BNS, Telus, Enbridge, TCP, Kinaxis, Qualcomm. And if you suggest that the growth stocks make more sense to recoup money faster, could you rank these from strongest to weakest-(Potential for growth). Thank you.
Bruce

Q: HI Guys,
Have these stocks bottomed here &
Would you buy these 5 names right now and in what order would you put them in 1-best & 5-worst
AGF,CIS,ONEX,BMO,CWB

What financials would you be buying if you don’t like those?

Thanks again!
Nick